Dec 5, 2012 7:30am EST
between us is we won the large multinational companies to pay proper taxes here in the u.k.. we believe you do that by having lower tax rate and we reduce the rate of corporation tax but by making sure they declare their income properly. that is why on this specific issue of transfer, companies have been pursuing strange practices to pretend there revenues aren't delivered in the u.k. and run down their tax bills. .. >> the entry of the energy bill to parliament now means we can get out there and sell to all of the energy companies the very clear and stable framework that the u.k. has for offshore wind, for nuclear, for renewables and, indeed, for gas. i think it's a very positive development, there's a huge amount of potential, pent-up investment, and we need to make sure that results in british jobs and apprenticeships, and the government is fully committed to making that happen. >> [inaudible] pruitt. >> the prime minister obviously believes within the leveson report, there exists something that is bonkers. how would the prime minister give the views of his planning minister
Nov 30, 2012 6:00am EST
the workers on the job, bring back tax revenue for local governments to repair, rebuild and restore a sense of normalcy for our commitments. we already were at over 9% unemployment before the storm, and if history teaches us anything from hurricane katrina, it is that unemployment dramatically rose subsequently. that is a big challenge. to economically rebuild new jersey, we also need to rebuild thier is si shore, and that is -- that's a $38 billion tourism economy in our state. and the jersey shore isn't just about summer homes. that sometimes is, you know, a huge misconception. it has been transformed into year-round communities. the next two slides show the importance of some of what senator schumer was talking about, army corps on our shoreline. stockton college did a study of the army corps' beach engineering programs before and after the storm, and what it found was unambiguous. where the army corps was able to complete a beach-engineered project, the dunes held. and the damage to commitments behind -- to communities behind the projects was either negligible or manageable. so here's a
Nov 29, 2012 6:00am EST
of barry sudden drops in government expenditure and taxes on january 1 i could have a significant negative shock to the american and global economy. the other is the need for the united states to have a credible fiscal plan over the midterm to deal with what i think is a pretty serious long run fiscal situation. those issues often get mixed together. i would repeat what our finance minister said recently. i do think there solutions to the january 1 situation and a lot of common ground. i would think people would come to those solutions and not wait for a crisis. i hear some people talking about a budget accord. that kind of talk as lister you cannot, you go over a cliff, you cannot be sure what will happen next. with the collapse of lehman brothers, how icing major event can trigger a series of the event. i have every reason to believe these people will come to some kind of agreement on what to do. i also remain, notwithstanding all the difficulties the unit the -- the u.s. economy faces. i do not want to minimize them. this is still at its heart the most entrepreneurial, dynamic developed
Dec 5, 2012 2:00am EST
suspect those things are on the table but the big it loophole is the home mortgage and no taxes on health insurance and charitable giving are the big three. that will be the interesting debate. . .
Nov 29, 2012 2:00am EST
that the election is over hopefully we'll have a moment in washington where the leaders come together and on tax reform and education and immigration and fiscal policy, now that we're no longer the issue of we have a reelection, that's done. barack obama has run his last campaign and you have divided government. i think the mandate the american people was sending is work together. focus on us not what divides you as politicians, focus on us. and i don't offer misplaced optimism often. because in washington you can get pessimistic quick. but i do have confidence there is path way on tax reform, on continued education reform, on doing some smart things around energy. and that's the test of the ment and the leaders in the senate and houses. can they come together post election. and for a period of time put your needs and the needs of the country first. and i have a great deal of confidence we'll do that. so i look forward to talking to you about the election that just happened. [applause] >> thank you for having me back. it's great to be back at the university of delaware and thank you for coming.